CLEARANCE RATE: Sydney and Melbourne neck and neck3:57

IT MIGHT just be a record for the highest price paid at auction in Hunters Hill after a riverfront property sold under the hammer for $11 million.

In February, the four-bedroom house over five levels at 6 Viret St on Lane Cove River was listed with “expressions of interest” with Tracey Dixon from McGrath Hunters Hill in February.

With the owners’ consent she took the property to auction after it failed to attract offers that reflected the price guide of “between $10 million and $11 million”.

6 Viret St, Hunters Hill, sold for $11 million.Source:Supplied

“A lot of people don’t like putting their property on the market for auction at this price point but this was a good way to do it as buyers knew the owners were serious and wanted to sell,” Ms Dixon said.

The property has a jetty, private beach, pontoon and yacht berth.

Long weekend pulls in buyers

Fewer properties go to auction on long weekends in school holiday periods for obvious reasons. But many vendors took a punt which paid off on the recent Labour Day long weekend.